The Rolex Submariner 116610LV, affectionately nicknamed the "Hulk" due to its vibrant green bezel, captivated watch enthusiasts throughout the 2010s and into the early 2020s. Its striking appearance and legendary Rolex reliability made it a highly sought-after timepiece, often commanding significant premiums above its retail price. But 2021 marked a turning point in the Hulk's price trajectory. This article delves into the Rolex Hulk price landscape of 2021, exploring its fluctuating values, comparing it to its successor, and providing insights into its potential future price movement. Are we talking about the 116610LV, the outgoing model, or the newer 126610LV? The distinction is crucial, as their price trajectories differed significantly in 2021.
Rolex Hulk Current Prices (2021 Context): The Tale of Two Hulks
Before diving into specifics, it's essential to clarify which "Hulk" we're discussing. The reference number is key: The 116610LV is the discontinued model, while the 126610LV is its successor. Their prices in 2021 reflected distinct market dynamics.
The 116610LV (discontinued model): In 2021, the pre-owned 116610LV, the original Hulk, held a commanding price. Its discontinuation fueled demand, pushing prices significantly above its original retail price. While precise figures vary depending on condition, provenance, and seller, expect to see prices ranging from considerably higher than the original MSRP to well into the grey market's inflated territory. The lack of new stock created a scarcity that drove prices up, making it a highly desirable investment piece for collectors. Finding a pristine example in 2021 required a diligent search and a willingness to pay a premium.
The 126610LV (new model): The 126610LV, the successor to the 116610LV, entered the market with its own set of price dynamics. While still highly sought-after, its availability (albeit limited) was greater than its predecessor. This meant that while the 126610LV still commanded a premium above its MSRP, it was generally less inflated than the discontinued 116610LV. The price differential between the old and new models was a significant factor in 2021, with the new Hulk often being perceived as more accessible, albeit still expensive. The statement "now new Hulk is cheaper than old Hulk" accurately reflected this market reality.
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